News for 'manufacturing unit'

Trump once again delays tariffs on Mexico and Canada

Trump once again delays tariffs on Mexico and Canada

Rediff.com7 Mar 2025

President Donald Trump delayed tariffs on Mexico and Canada for a short-term period for certain products before the 'big one' from April 2.

Trump's Tariff War: India Waits, Watches

Trump's Tariff War: India Waits, Watches

Rediff.com3 Feb 2025

'We have to be prepared for the larger disruption that is likely to take place.'

Made in India Jimny five-door debuts in Japan

Made in India Jimny five-door debuts in Japan

Rediff.com30 Jan 2025

Maruti Suzuki India on Thursday said the locally manufactured Jimny five-door model has made its debut in the Japanese market. The SUV, which is exclusively manufactured at Maruti Suzuki's Gurugram-based plant, was unveiled in Japan on Thursday.

Govt Ready For Advanced Jet-Engine Deal

Govt Ready For Advanced Jet-Engine Deal

Rediff.com19 Mar 2025

It involves India spending an estimated Rs 40,000 crores to Rs 50,000 crores and will take 10 to 15 years to develop.

After festival inventory buildup, two-wheeler dispatches fall in November

After festival inventory buildup, two-wheeler dispatches fall in November

Rediff.com3 Dec 2024

Major two-wheeler (2W) manufacturers in India witnessed a single-digit decline in domestic sales in November after dispatches had picked up in October for the festive season when wholesales went up by 14 per cent and retail also grew by 36 per cent.

Elon Musk postpones India visit; cites Tesla 'obligations' as reason

Elon Musk postpones India visit; cites Tesla 'obligations' as reason

Rediff.com20 Apr 2024

American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Narendra Modi -- wrote on X that he is looking forward to coming to India later this year.

Subsidy spark for electronics manufacturing sector

Subsidy spark for electronics manufacturing sector

Rediff.com12 Dec 2012

Government will give financial incentives to private companies to set up manufacturing units in India.

Modi 3@1: Challenges, Opportunities Ahead

Modi 3@1: Challenges, Opportunities Ahead

Rediff.com9 Jun 2025

There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.

Indian Wheels for Vande Bharat Trains

Indian Wheels for Vande Bharat Trains

Rediff.com7 Oct 2023

India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.

'Not Time To Panic. It's Time To Buy'

'Not Time To Panic. It's Time To Buy'

Rediff.com9 Apr 2025

'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'

India Inc holds breath for Trump's new tariffs to kick in

India Inc holds breath for Trump's new tariffs to kick in

Rediff.com27 Feb 2025

Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.

'US tariff issue is an overhanging sword'

'US tariff issue is an overhanging sword'

Rediff.com7 Mar 2025

Firodia talked about his plans for the EV-components business, and the components business at large for the group

'Zero-For-Zero Tariff Is Best Medicine For India'

'Zero-For-Zero Tariff Is Best Medicine For India'

Rediff.com21 Apr 2025

'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.

US tariffs: Exporters must be ready to prove origin of goods to Customs

US tariffs: Exporters must be ready to prove origin of goods to Customs

Rediff.com15 Apr 2025

President Donald Trump of the United States has imposed 'reciprocal tariffs' on imports from various countries. With this abandonment of the policy to impose the same tariffs on imports from most countries, nearly all governments, businesses, and economists are busy examining the short- and medium-term implications of this change.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

'Consumers should not pay higher taxes for clean technologies'

'Consumers should not pay higher taxes for clean technologies'

Rediff.com7 Apr 2025

'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'

Pharma co mired in syrup deaths shuts production at Noida unit

Pharma co mired in syrup deaths shuts production at Noida unit

Rediff.com30 Dec 2022

The move has come days after the state government announced to form a special investigation team to probe into the death of Disha Salian, the former manager of late actor Sushant Singh Rajput.

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

5 women among 9 killed, 10 hurt in TN firecracker factory blast

5 women among 9 killed, 10 hurt in TN firecracker factory blast

Rediff.com9 May 2024

Nine workers, including five women, died and 10 others were injured in a blaze at a fireworks-manufacturing unit in Sivakasi on Thursday, a senior police official said.

21 killed in firecracker warehouse blast in Gujarat

21 killed in firecracker warehouse blast in Gujarat

Rediff.com1 Apr 2025

Eighteen people were killed and five others injured after a firecracker warehouse exploded and collapsed in Gujarat's Banaskantha district on Tuesday. The incident occurred in an industrial area near Deesa town around 9:45 a.m., killing workers from Madhya Pradesh and their family members. The warehouse was used to store firecrackers, but there is no evidence that firecrackers were being manufactured there. The Gujarat government has announced financial assistance for the victims' families.

Only 12% Indian households can afford to buy a car: Maruti's Bhargava

Only 12% Indian households can afford to buy a car: Maruti's Bhargava

Rediff.com28 Apr 2025

Car purchases in India are largely limited to the top 12 per cent of households with an annual income exceeding Rs 12 lakh, while even small cars have become unaffordable for the remaining 88 per cent, said R C Bhargava, chairman of Maruti Suzuki India Limited (MSIL), on Friday. "How can you get high car sales growth if 88 per cent of the country are below the levels of income where they cannot afford these cars costing Rs 10 lakhs and above?

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

Quality Lapses Shut Down Drug Makers

Quality Lapses Shut Down Drug Makers

Rediff.com28 Jun 2024

Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.

'Trump's Trade War's Main Target Is China'

'Trump's Trade War's Main Target Is China'

Rediff.com21 Apr 2025

'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'

Moody's lauds Apple India's manufacturing capabilities

Moody's lauds Apple India's manufacturing capabilities

Rediff.com28 Sep 2022

The manufacturing of iPhone 14 in India within weeks of the global launch demonstrates the maturity of Apple's manufacturing capabilities in the country, according to Moody's Investors Service. Increasing volumes of locally-manufactured iPhones will also accelerate Apple's expansion strategy in India, Raj Joshi, Senior Vice President, Corporate Finance Group, Moody's said. The Indian smartphone market's large size and strong growth prospects as the country unveils its 5G network "make it an attractive long-term market for Apple", according to a note by Moody's.

United Breweries sees fizz in premium beer segment

United Breweries sees fizz in premium beer segment

Rediff.com10 Jun 2024

Bengaluru-based United Breweries (UBL), makers of Kingfisher beer, is eying strong growth in the premium beer segment, driven by changing consumer preferences towards premiumisation. "Across categories, premiumisation is taking place as people are looking for better choices and beer is no different. "People are upgrading to better beer and newer brands. We have a good offering of premium brands - Kingfisher's premium variants are Ultra and Ultra Max," Vikram Bahl, chief marketing officer (CMO), UBL, said in an interview.

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Rediff.com3 Apr 2025

"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."

Can Tesla Make In India For Below $23,000?

Can Tesla Make In India For Below $23,000?

Rediff.com5 Mar 2025

The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000.

'China To Gain Most From Trade Wars'

'China To Gain Most From Trade Wars'

Rediff.com25 Mar 2025

'If you compare the data from 2017 and 2023 of the US imports from the world and China, you will see that the US was a complete loser in the trade war, and China was a complete gainer.'

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Rediff.com12 Apr 2024

Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on the back of robust demand for utility vehicles, industry body SIAM said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), the overall passenger vehicle dispatches stood at 38,90,114 units in fiscal year 2022-23. Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in the financial year 2022-23.

'F1's return to noisy V10 engines a rearward move'

'F1's return to noisy V10 engines a rearward move'

Rediff.com28 Mar 2025

Formula One may have to wait a decade for a return to screaming V10 or V8 engines and jettisoning the next generation V6 due to be introduced next year is simply not feasible, according to F1's former chief technical officer Pat Symonds.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

'Trump uncertainty will not affect India investment'

'Trump uncertainty will not affect India investment'

Rediff.com17 Mar 2025

'There is no linkage as far as the Indian power-generating business is concerned.'

Automobile dispatches rose 12% in 2024: SIAM

Automobile dispatches rose 12% in 2024: SIAM

Rediff.com14 Jan 2025

Automobile dispatches from companies to dealers rose 12 per cent last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body SIAM said on Tuesday. Total wholesales across categories rose to 2,54,98,763 units in 2024 against 228,39,130 units in 2023, a growth of 11.6 per cent.

Four women among 10 killed in TN fireworks factory blast

Four women among 10 killed in TN fireworks factory blast

Rediff.com17 Feb 2024

The mishap occurred around 12.30 pm on Saturday in the chemical mixing room of the firecracker-making unit in the village.

Infy founder's son to launch E2W at Bharat Mobility

Infy founder's son to launch E2W at Bharat Mobility

Rediff.com14 Jan 2025

Numeros Motors is also planning to come up with a passenger vehicle four-wheeler or a three-wheeler by 2027.

What makes Hero Splendor India's top motorcycle for 6 years

What makes Hero Splendor India's top motorcycle for 6 years

Rediff.com22 Jan 2025

However, while Splendor's annual sales surged 31.7 per cent to 3.638 million units between 2019 and 2024, Hero's other models suffered sharp drops.